Plan Snapshot
- Plan Sponsor: Hawthorne Machinery Co., A California Corp
- Sponsor EIN: 951583539
- Sponsor Address: 16945 CAMINO SAN BERNARDO, SAN DIEGO, CA, 921272405
- Plan Type: 401(k)
- Total Participants: 536
- Total Assets: $57.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 536 | $57.3M | $1.3M | $3.8M |
| 2023 | 525 | $50.8M | $1.2M | $3.4M |
| 2022 | 499 | $42.9M | $1.0M | $3.1M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $71,550 | — | $71,550 |
| ONEDIGITAL INVESTMENT ADVISORS | INVESTMENT ADVISORY | $64,476 | $46 | $64,522 |
| BAKER TILLY US LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ONEDIGITAL INVESTMENT ADVISORS — INVESTMENT ADVISORY
- BAKER TILLY US LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $136,072
- Estimated Expense Ratio: 0.238% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $136,026 | $64,476 | $71,550 | — | — |
| 2023 | $112,146 | $23,247 | $88,899 | — | — |
| 2022 | $131,113 | — | $131,113 | — | — |